TAMAN RAMBAI UTAMA

TAMAN RAMBAI UTAMA in Melaka Tengah, Melaka recorded 4 subsale transactions in 2021, with a median price of RM 218K and a median price per square foot (PSF) of RM 161.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 218K, with most transactions falling within a stable range of RM 198K to RM 238K, and a typical market range of RM 198K to RM 238K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 161, with core pricing between RM 141 and RM 181. Market pricing typically extends from RM 139.25 to RM 182.75, reflecting moderate variation in unit pricing. With an IQR of RM 43.50 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.